Eagle Bancorp, Inc. (NASDAQ:EGBN) CFO Charles Levingston acquired 271 shares of the business’s stock in a transaction dated Monday, December 4th. The stock was purchased at an average price of $55.18 per share, with a total value of $14,953.78. Following the acquisition, the chief financial officer now owns 2,561 shares of the company’s stock, valued at $141,315.98. The acquisition was disclosed in a filing with the SEC, which is available through this link.
Shares of Eagle Bancorp, Inc. (EGBN) traded up $0.30 during trading on Thursday, hitting $56.45. The stock had a trading volume of 503,151 shares, compared to its average volume of 149,613. Eagle Bancorp, Inc. has a twelve month low of $46.20 and a twelve month high of $69.80. The firm has a market capitalization of $1,944.73, a price-to-earnings ratio of 17.78 and a beta of 0.87. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.05 and a current ratio of 1.05.
Eagle Bancorp (NASDAQ:EGBN) last announced its earnings results on Wednesday, October 18th. The financial services provider reported $0.87 EPS for the quarter, beating the consensus estimate of $0.82 by $0.05. Eagle Bancorp had a return on equity of 12.37% and a net margin of 32.40%. The business had revenue of $71.94 million during the quarter, compared to the consensus estimate of $72.66 million. During the same period in the prior year, the business posted $0.72 earnings per share. Eagle Bancorp’s revenue was up 11.1% compared to the same quarter last year. equities research analysts expect that Eagle Bancorp, Inc. will post 3.34 EPS for the current year.
Several analysts have recently weighed in on the company. Keefe, Bruyette & Woods upgraded Eagle Bancorp from a “market perform” rating to an “outperform” rating in a report on Monday. Zacks Investment Research upgraded Eagle Bancorp from a “hold” rating to a “buy” rating and set a $76.00 price objective for the company in a report on Friday, October 20th. Finally, Boenning Scattergood restated a “buy” rating on shares of Eagle Bancorp in a report on Thursday, October 19th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the company’s stock. Eagle Bancorp presently has a consensus rating of “Buy” and an average target price of $68.50.
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Eagle Bancorp Company Profile
Eagle Bancorp, Inc is a bank holding company for EagleBank (the Bank). The Bank is the Company’s principal operating subsidiary. The Bank is a chartered commercial bank. As of December 31, 2016, the Bank operated 21 banking offices: seven in Montgomery County, Maryland; five located in the District of Columbia, and nine in Northern Virginia.
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